$BTC

The Financial Times reported on Friday that Pompliano is set to become the CEO of ProCapBTC, a company that plans to acquire large amounts of bitcoins using funds raised through a merger with a blank-check company.

Anthony Pompliano, one of the most recognizable voices in the cryptocurrency world, is preparing to take the helm of a new investment group focused on BTC, aiming to raise $750 million.

Columbus Circle Capital 1 recently went public with the support of New York investment bank Cohen & Company. The firm completed its $250 million IPO at the end of May, giving the partnership an appropriate start as capital returns to cryptocurrency-related ventures.